1451 :: ,

OFFERING SUMMARY “R CBRE Limited (the “Advisor” or “CBRE”), on behalf of Belmont Properties (the “Owner” or “Belmont Properties”) is pleased to offer for sale 1451 Wellington Street West, Ottawa (the

ISLAND PARK DRIVE “Property” or “Building”) located at the corner of Wellington Street West and in Ottawa, Ontario. Property is currently zoned for commercial use or high density residential. Situated on approximately .27 acres, the Building measures approximately 3,000 SF. WELLINGTON STREET WEST

ISLAND PARK DRIVE The Property offers a developer the opportunity to acquire a well located development site in one of Ottawa’s most sought after neighbourhoods.

Zoning: TM (H18) Zone, Area B, Schedule 1

1451 Wellington Street West, Ottawa, ON Other notable highlights of this offering include:

:: High profile location at the intersection of Wellington Street and Island Park Drive

:: The Property’s shape and size provides for an ideal development opportunity

:: Currently leased on a month-to-month basis

:: Numerous amenities in the immediate area

:: Architectural drawings prepared for a 6-storey condo and 8-storey commercial building

CBRE Limited 333 , 7th Floor Ottawa, ON K1S 5N4 List Price: $1,950,000 T: 613.782.2266 F: 613.782.2296

:: Quintin Colaiacovo* :: Lindsay Hockey* Sales Associate Associate Vice President T 613 288 1583 T 613 782 2943 [email protected] [email protected]

*Sales Representative www.cbre.ca

This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the *Sales Representative Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.